… On a federal courts ongoing review of recent megamergers and whether the governments requirement that AT&T Inc. and Verizon Communications Inc. divest some of their unused fiber networks was sufficient and in the public interest …
The Department of Justice has never made the case that its flimsy settlement protects the public from the devastating impacts of these megamergers. … [T]he court agreed and sent the encouraging message that it will carefully scrutinize, not merely rubberstamp, these merger agreements. The courts decision to allow state consumer advocates to respond to the departments filings means that at least now someone finally will consider consumers concerns.
Jeannine Kenney, senior policy analyst for Consumers Union, the nonprofit publisher of Consumer Reports
[W]e look forward to providing the court with further information demonstrating the gross failure of the limited divestitures required by the consent decrees to restore the competition lost as a result of the mergers and to protect consumers from the monopolistic interests of the Bell companies.
Jonathan Lee, COMPTEL general counsel
The ongoing careful and deliberate judicial review of these unprecedented mergers will demonstrate that the public interest was not served by allowing the Bells to merge to monopoly. … We hope that the courts rejection of DoJs request for a merger rubberstamp will also put the government on notice that only a thorough and complete review of the pending AT&T/BellSouth merger will withstand judicial scrutiny.
Heather Gold, XO Communications senior vice president, and a member of ACTel, the Alliance for Competition in Telecommunications
.@informatechhq adds IHS Markit's TMT assets to its growing portfolio of products and capabilities. goo.gl/fb/whGbsh
May 24 2019 @ 15:22:08 UTC